Amlak Finance will offer up to 96 percent financing for home buyers of the one- and two-bedroom apartments in the Kamoon 1, Zanzebeel 1 and Zanzebeel 2 buildings of Emaar’s new “The Old Town” development.
Prices for the units, part of the Downtown Burj Dubai development, range from Dh985,888 to Dh2.19 million in Kamoon 1, and from Dh1.07 million to Dh2.17 million in Zanzebeel 1 and 2, according to Khaleej Times.
"The easy finance options from Amlak offer potential buyers the dual advantage of owning their dream home by paying easy monthly instalments and thus saving on rent payments," ," said Khalid Zainal, Head of Sales and Distribution, Amlak Finance.
Kamoon and Zanzebeel are components of the second phase of The Old Town low-rise residential development. The first phase comprises three quarters — Yansoon, Zaafaran and Reehan, which will be ready for hand over in 2007. The second phase also features the Miska residential quarter. Zanzebeel 3 and 4, and Miska 2 and 3 were launched in September to overwhelming sales response.
"Located along the Burj Dubai Boulevard, Kamoon 1 and Zanzebeel 1 and 2 uphold the unique characteristics of The Old Town development, which is marked by traditional Arabian architecture, courtyards and alleyways in a pedestrian-friendly environment," said Bahiya Kayed, Assistant Director of Sales, Emaar Properties.
